Articles in category: BoardBlogs

The subject of corporate governance leapt to limelight from relative obscurity after a string of collapses of high profile companies at the start of this century, when events at a Houston-based energy giant and at a global telecom behemoth in Mississippi, ...

They say the squeaky wheel gets the grease, but when it comes to being heard in the boardroom, it pays to have a really large soapbox from which to make your plea. In short, the bigger your stake, the better their hearing...

Institutional investors have traditionally made investment decisions guided by a "prudent person" fiduciary standard that has most often been seen as precluding consideration of environmental, social, and governance (ESG) issues.

Growth is the cornerstone of corporate strategy. It is imperative for Boards of Directors to work collaboratively as a team to bring all strategic growth opportunities to the table. In today’s rapidly changing world, where growth is intimately linked with technology with technology enabled growth the norm versus the exception, the BOD team needs technology expertise among its members.

Corporate Secretaries can often end up managing five, ten or twenty boards that are either related in some way to, or belong to affiliates. It can be time-consuming and difficult to disseminate information to these diverse boards around the world on a timely basis. As boards continue to become geographically dispersed, and as the fiduciary responsibilities of Corporate Secretaries and Directors increase, ensuring you have a board portal solution with ‘Enterprise Management’ is crucial. Enterprise Management comes into play for “joint” meetings across affiliates allowing the portal Administrator the ability to centralize all distributions and communications to multiple affiliate boards.

Lesser known, Connolly said, is that his office insisted that Tyco's board of directors resign and that the company pay a $5 million fine, for the sole purpose of creating an ethics and corporate governance educational program in New Hampshire. “This case ...

NEW YORK (TheStreet) -- Activist investors such as Carl Icahn, Jeffrey Ubben of ValueAct Capital, Nelson Peltz of Trian Management and Bill Ackman of Pershing Square have spent 2013 engaging companies as big as Apple , Microsoft , Pepsico and Procter & Gamble , however, some funds entering the business are content to take on smaller parts of the stock market. Owl Spring Asset Management, a ...

Once again a major company seems likely to come to the U.S. with a governance structure that would be prohibited on its home country’s stock exchange. Both Nasdaq and the NYSE would be willing to list Alibaba shares after a public offering despite the Chinese company’s unusual governance structure, the Journal reported this week. A group of partners at Alibaba will have the right to nominate a majority of the directors. The Hong Kong Stock Exchange has reportedly rejected a listing with this type of management control of the board...

Heidi Gutman/CNBC. Carl Icahn is storming the castle. The septuagenarian billionaire is painting his campaign to get Apple Inc. to buyback about $150 billion in stock as part of a broader assault on corporate governance in America. From Dell Inc. to Apple, ...

Years ago, a highly regarded director and board chairman confided, "We have to be better about getting the poor and mediocre directors off the board." The issue was the collegiality of the boardroom and the reluctance to confront a non-performing director.

One mantra you see regularly in the business and popular press goes something along the lines of "the CEO and board have a fiduciary duty to maximize shareholder value." That is untrue. Moreover, the widespread acceptance of that false notion has done considerable harm...

What some might find more startling was the context – integrated reporting (<IR>) for publicly listed companies, in the pursuit of better corporate governance . “The way you report influences how you behave (as a business) and starts having an impact on your ...

Recent decisions in the Delaware Court of Chancery highlight the need for increased oversight of financial advisors by corporations engaging in M&A transactions. The board of directors or the special committee, as the case may be, must ensure that the ...

In 1965, America’s big companies had a hell of a year. The stock market was booming. Sales were rising briskly, profit margins were fat, and corporate profits as a percentage of G.D.P. were at an all-time high...

Perhaps tangible change towards more diverse and representative global boardrooms will in the end come as a result of the demands of powerful investors. In Canada, the Ontario Teachers' Pension Plan, a pension fund managing $130bn in assets also happens to have four women on its board of nine directors, including chairwoman Eileen Mercier...